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20121129
20121207
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with silver as well. generally getting that china boost. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll be in cairo with the latest after this. >>> plenty to remind you what's coming up in the show. today we're going to be in singapore to find out why one in ten companies thinks asia is the place to be for the rising movie industry. cet will head out to washington as president obama is pushing forward his tax for the wealthy agenda. george osbourne is going to update today. the chancellor will have his work cut out to meet his target of eradicating the federal deficit by 2015 as well as securing a fall to gdp ratio. also expected further pressure with a cut to its growth forecast. steve is braving rather inclement british winter weather outside the houses of parliament. >> lovely. >> i know you like it. how much is it going to be raining on george osbourne's parade? >> it's going to rain on his parade. you just nailed it, ross. three things which are going to come up today, which he has ver
of a standoff continuing at the moment. >> this started when mr. moore ci morsi saying its new constitution would be shielded from >> the situation started on the 22nd of november when morsi issued this decree virtually exempting all presidential decrees from judicial oversight. morsi has said this was necessary to speed up constitutional process. he may well have been right in saying that, but the draconian nature of the decree certainly wasn't perceived by his opponents has really set this up. so therefore the situation has escalated to the point where opposition elements are now viewing the judiciary as really kind of the last bastion of not the old regime, but the last bastion. >> seen as an attempt to implement islamic agenda? >> it may well be the start of that. the language if you look at the constitution is not explicit, though i think there are concerns about how that will be interpreted. i think some of the lapse has been loosened at bit. there are new instances that mf-the perception is that some of the protections in the language have been taken away leaving it open to a greater
government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential mortgages shoot up, it's 3% now, which is pretty amazing given the struggles within the economy, but we think it will go up somewhat, but really not any more than people have already priced in. >> and then ten year yields, 5.24%. at the moment, relatively speaking, pretty comfortable. >> maybe a little bit too comfortable and we certainly don't want to get complace complacent.yields are where they were say in march of this year and then subsequently they shot up to 7.5%. we know with the draghi put that that won't happen, but we don't want to think that there is only one way -- >> yesterday said, look, sort of the idea of the risk on phrase, certainly for -- he was looking at it from credit markets, but would stay on until the middle >> i think lite bit more selective. it won't be just everything goes up now. we have to start thinking about companies and sectors agai
Search Results 0 to 2 of about 3